2012-09-25
2012-10-03
x san francisco

STATION
SFGTV2 66
SFGTV 49
KPIX (CBS) 23
KTVU (FOX) 21
KGO (ABC) 17
KNTV (NBC) 17
KRON (MyNetworkTV) 12
KICU 8
CNBC 6
KBCW (CW) 6
WJLA 4
KOFY 3
WMAR (ABC) 3
CSPAN 2
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LANGUAGE
English 257

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on the new collaborative economy. we're interested in it because it has aspects that have piqued our interest, about hoour environment, how to improve life for more people, how to make an expensive city more affordable to more people, how to utilize the strengths of the city as a great tourist city. how we can get more folks to come and experience the wonders of the city. maybe they will make their stake here. these panel members have decided to make their stake here. they risked reputation, may be small amounts of money. if they had a lot of money, they may not have had to start this. they have also done it for the right reasons. they want to experience the city in a different way, but one that is in the tradition of san francisco and is reflective of mine, welcoming more people to share in the economy. hopefully the right reasons will create more jobs and get more entrepreneurs involved. i have often said this can be the city for the 100%. everybody can have a chance to fulfill their dreams and make sure they can have a stable income for themselves and their families. i think we are on the

. this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition -- it told us the good life comes from shopping in competition, from being free from each other. we are leading ving this because it has pushed us to the brink of extinction. it has enslaved as to debt. it is boring. it is spiritually empty. there is a news story being born in san francisco. it is one where the more you contribute to the common good, the more you are respected. the better you believe in committee, the more access to what you have -- the better you behave in a community, the more access you have. instead of judging each other, we help each other and realize our greatest potential. we open our world to each other. through doing that, we

to travel, but also access to the tourism economy that flourishes in the city. >> i just want to address the technology point really quickly. we try and emphasize the human aspect of this, whether it is on the website or whether it is through the iphone app. other people use a device that we built, that lets you share a car more conveniently by letting the richer unlock the car with their smartphone. even with that, we really try to connect the people who are sharing because a lot of people to accept rentals just with the kit and may never meet the people they are sharing with. we tried to encourage the parties to get to know each other, trying to just display your interest or so many things i can think of that our websites due to show who this person really is. they take their photo. i think part of this is about trust, and it is about letting -- the things we do to encourage trust and the things you do as a responsible member of the sharing community to insure you are doing your due diligence as well. when two people -- first off, the one example i want to bring is that a lot of our ca

access in our economy rather than just offered ownership and to me, that's really what wha* the shared economy is about and this great incubating idea of scooter sharing is wonderfulfinger these are all electric, you can power this up on 18 cents worth of power as compared to what gasoline prices are. it takes, if you want to go around the city at 30 miles an hour, it will be less than half of the power of a toaster. it's equivalent to 850 miles a gallon to be on one of these electric scooters. i think it's safe, obviously we're going train people in the right way to abide but all the traffic regulations that we have, but as i sit in my car on days where i have to wait and 7, watch these scooters go by, it's kind of like where am i and what am i doing and can i contribute even more, so it's exciting to see this happen in san francisco, to see its launch, it's exciting that it's an idea that incubated out of the hub, it's exciting to not only see that it's fun for people to get around, to be more efficient and to kind of stralgts the lanes, but it's exciting to know it contributes so mu

economy here in san francisco and as i do that, i always have to think about what to say that mary hasn't already said about it. and if you look at the real estate economy generally in our nation, and the fact that it is still soft. that we still need more jobs. that there is a recovery, but it's a slow recovery. you can't do that without thinking gee, will i sound like a politician for one or the other major political parties? and so i will steer clear of that and focus instead on san francisco and maybe we're living in a bubble, but it's a pretty wonderful bubble to be living in. the real question is the resurgence of real estate we're seeing now, is that sustained growth? is that just, you know, for the moment? but as i look at it, we're putting in place an awful lot of things that shape what our city looks like in the future, how our city operates, how we interact with our city. as i started to think about that, i thought, you know, the number of major infrastructure projects going on in our immediate region now are probably -- there are probably more dollars and energy going int

of the economy. and >> anything that touched on the possibility of prohibition was greatly and popular. >> the first campaign was a great effort, but not a success. >> the war was not over. less than one decade later, a graphic protests brought new life to the movement. >> women's suffrage, the republican convention in oakland, this time it was the private sector response. 300 marched down the streets of the convention center. women were entitled to be here. >> joining together for another campaign. >> women opened a club in san francisco. it was called the votes for women club. if she could get the shopkeepers to have lunch, she could get them to be heard literature. the lunch room was a tremendous success. >> it was the way that people thought about women willing to fight for a successful campaign. what happened was, the social transformation increase the boundary of what was possible, out word. >> there were parades and rallies, door to door candidacies, reaching every voter in the state. >> the eyes of the nation were on california in 1911, when we all voted. it was the sixth and l

the stagnation we've had. i mean, the economy is limping along nationally. we got 23 million people struggling to find work. 15% of americans today are living in poverty. president obama came in with one party rule, and was able to pass nearly every item on his agenda. what we ♪ you do ♪ something to me ♪ that nobody else could do i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we'

with difficult year. spelling out one must critical states of the campaign. they're not improving the economy when democrats controlled congress. >>> we got around that was more deficit and more people struggling to find work. no solutions the extra work. >>> the vice president appeal to voters and another battleground state. telling them that medicare will be around for future generations. >>> the actions of the president took to strengthen the medicare trust and exceeded this life of a 2024. >>> president obama and mitt romney are prepping for the first debate. to get help from the ohio senator will play the role of the present. and president obama will look to the massachusetts senator to stand in for mitt romney. and behind in recent polls, some campaign watchers say that mitt romney has more riding on the debates and to gain for the president >>> the president has a chance to show is competent to stand up against the president of the nine states. and to accomplish that and wins the first debate >>> wednesday's debates give both canada's a chance to explain it plans for health care in the

now, we see an economy which is expanding. we see employment which is one of the key indicators of recession, still growing. so we expect the economy to continue to grow. that's our best forecast as of now. so we're not expecting a recession. that being said, with an economy growing only sort of 1.5% to 2%, that is not fast enough to lower the unemployment rate. that is my concern. >> all right. we have reaction now to that. and today's big gains in our "closing bell" exchange, plus we're talking strategies for the coming quarter. a quarter that has historically been good for the bulls. with us today, todd of black bay grou group. paul shots of heritage market. and our own rick santelli. paul, i'm going to start with you because you make a bold statement. you feel right now ben bernanke is irrelevant. what do you mean in. >> bill, i think the fed's done the most part, they've laid all their cards on the table. if you're playing poker, they're all in. it's qe unlimited. if $40 billion is not enough, they'll go to $50 billion, $60 billion, $100 billion. each qe has had less of an

and creation of new jobs, whether it is in a high-tech economy with twitter and other types of work force issues moving forward and businesses moving forward to creation of construction that local residents have a good shot at jobs. the john avalos local hiring measure was important in making sure we get residents, but even in my district, there are pockets of poverty and many people out of work. supporting those unemployed and underemployed people, supporting struggling small businesses in a difficult economy, and i support the small businesses versus more chain stores that seem to be coming into the store fronts, but i try to be sympathetic to local businesses because they make up the diversity of our local neighborhoods. those are some of the challenges that face our businesses. >> are there other issues specific to your district? how do you balance the needs of the issues in your district against the needs of the city as a whole? >> i know that our district has a higher proportion of seniors than some other district, and there is a brand new senior complex and wraparound community ser

economies to fwroe and our dialog in our country is the urban cities that have to create the new jobs for the new economy. i know paris must do so as well, and if we work tokt, we can create those and instigate and innovate our new ideas for the new economy and our mutual obligations on the environment, and then there is something that paris and san francisco hold very dearly and that's an ongoing conversation about our human rights as world leaders, so it's human rights, it's the environment, it's the economy and these are the reasons why we hold our relationship with paris and with all the other great cities of the world in a sister city relationship so dearly, we learn from each other, we send delegations to each other, we welcome each other to the city but in each and every instance, we are always thinking about ideas about how we can help each other and help regions improve, so i am excited to have met with the mayor just a few minutes ago to reaffirm our relationship and we'll sign that in a few moments to document that and to promise each other that we will continue this very

of the san francisco economy 80% of our economy is small business along our commercial corridors and most jobs are created by small businesses each year. the city needs to reorient its economic polices towards small businesses and start to remove the red tape and stream-lining the permitting process and other ways to facilitate small businesses to thrive and survive in san francisco. so my no. 1 priority is reorienting our economic polices away from the cronyism, the power elect elite and back to the small businesses. >> i was born and raised in the district. that is not why i think you should vote for me as your supervisor. my entire life was been committed to this district starting when i worked for the mayor where women were trained i know what good social services look like, but i understand that we can't exclude people because they are rich. we can't exclude people because they are middle-class at the expense of making sure we're taking care of one class of people. i worked really hard and there were a lot of people that helped me become the person who i am. sadly, my brother did n

's how we build the local economy with small business. >> all right. mr. garcia. >> joe is right. we need to change the landscape and how we do business. we have decided that process is product here in san francisco. we tend to defy the code and vilify the individual who is trying to get a business started. we are not business friendly. in 2004 the city of san francisco passed prop i and required that the city do economic analysis every four years and strategy report. talks about how we improve the economy and one thing we are trying to change to the gross receipt tax and that is a start but we have to press this and business friendly city and benefit those in business and benefit those in need of job when is we have 8% unemployment here in san francisco. >> thank you sir. ms. gavin. >> i would invest in transportation, in public transportation it would be muni. i think a lot of areas that we need to upgrade muni and put it under ground. i would invest in the ferries. i think being a tourist city and many people commute to the city i think it's one area a lot of jobs would com

, understand your business, talk to them as you are growing your business. when the economy is strong, all lenders are shopping for transactions. in times are tough on credit, you want to rely on those deeper liberation ships with your lender. you want to develop a relationship with a lender. it is the case where you want to open up an account, while to have another bank services that you want to have a relationship with your lender with it because when you go to them for any loan requests, you want them to know about your business and feel like they are a partner of yours, not just that you are shopping them. if you are shopping, you are just looking for the best deal from them, rather than a long- term relationship. >> i want to thank everyone for coming. hopefully, you have all signed up for our updates. we are going to be hosting these on a regular basis. the next two coming up will focus on becoming a government contractor, how your small business can partner with the government. the next one will also be on how to grain your business, with tax -- green your business, tax credits ava

track? what would you like to change about the city's approach to developing economies? >> in the chair of the land use committee this year, and i was vice chair last year with our former chair from the bayview hunters point area. i guess i approach land use and economic development from a different perspective. i'm not against development, but i want it to be equitable so we look at the lowest income populations or even middle income populations so that residents have a strong say as development moves forward, whether it is the park ridge said development in the southern, western part of the city or even treasure island with there's many low-income families that currently live there. but it is a strong voice for the residents that currently are there. we also want to see new people moving into the city, and hopefully, we focus also on families and housing that provides better homes and home opportunities for families, but i always say that i support equitable development. i also do feel that big business and downtown interests usually dominate the discussion on development. i want to s

in this campaign he used on the above ground states to fund the federal deficit and for not approving the economy when democrats controlled congress. >>> we got of us more dead more deficits and more people struggling to find work and no solutions that actually worked. we're the vice president's appeal to older voters in another battleground state assuring florida seniors that medicare would be around for future generations. greta the action the president took his actually strengthened the medicare trust fund and exceeded this live up to 2024. >>> president obama and the challenger mitt romney are prepping for their first debate. in practice sessions mitt romney will get help from the ohio senator who will play the role of the president. president obama will look to massachusetts senator kerry to stand in for mitt romney. behind in recent polls some campaign watchers said that mitt romney has more riding on the debates as well as more to gain than the president. " of the challenger has the opportunity to establish is competent to stand up and hold his own against the president of the estates a

. the resulting economy has resulted in internet base for short term rentals and many of the rentals are illegal and the hotel tax is not collected. should the city legalize some or all of the arrangements and collect a hotel tax and we will begin with you -- i will be glad to repeat the question. >> i honestly don't know how you would enforce a law like that. of course everyone should pay their fair share but i don't know how you could enforce that. i believe we should standardize the inlaw units, maybe sure they're up to code and regulate any new units but as far as taxation i cannot see how you could actually enforce that and collect the taxes on it. >> thank you sir. mr. yee. >> cheryl i just want to make sure -- >> i can repeat it. there is internet base market for short base rentals and they sublease units to visitors and tourists and many are illegal and the city's hotel tax is not collected. should the city legalize these arrangements and collect the hotel tax? >> i traveled to different countries and i go to the internet and they have hotels and these rentals advertise and i have use

-- supporting our economy in the bay area. thank you to mayor lee and his leadership in making sure we continue to support local businesses in many of our projects. thank you very much. congratulations. and i know there are many more projects to come. thank you. [applause] >> hollande to do a great shout out to the recreation park department two superintendents -- i want to do a shout out. one is in charge of parks, one recreation. they keep this facility clean, safe, beautiful, and funding. ann and -- anna and bob. they're both here. [applause] last year, the mayor led the effort to rename the chinese recreation center in honor of one of the city's own and a national heroine. betty ann ong was a flight attendant on american airlines flight 11 on september 11, two thousand one. her quick-thinking and brave actions during the fight -- flight probably saved thousands of additional lives. harry ong, her brother, is here on behalf of ong family and their foundation which is been jitters and heartfelt in raising funds to furnish this new -- which has been so generous and heartfelt and raising funds

, there are really to risks and here, the obvious risk to the economy and the short-term -- and in the short term, cbo said that if all of this item good demand comes out of this economy, then we will have a mild recession in the first part of 2013, but would be back in recovery by the second half of 2013. but a recession on top of where we are already certainly would not be good the even bigger risk is the risk to the economy long term if we continue to kick the can down road and do nothing about our fiscal problems. how do we think about these two things? there is an interesting report that came out several months ago from the carlyle group. i just want to briefly read out what it has concluded. every analyst would have a grand bargain that replaces the cliff with a credible alternative the faces in a reduction over a time frame of years. but in negotiated settlement failed to realize the lame duck. those -- the most likely alternative may be a simple extension of fiscal policy. while such an extension would include the near-term growth prospects, it would also relieve the pressure to substanti

to you what should happen after the election, regardless of who should win, the broader u.s. economy does move forward? if we can get the u.s. economy out of second gear, we have seen the broader housing market turn and we're beginning to see the foundations of some job-growth. if the economy can pick up more broadly, what that would mean for san francisco, given the foundation that we have set for us today? clearly looking forward we think the physical boundaries of what is downtown will change. the type of space the tenants want will change. we think that this is a very good time for san francisco. we live in an exceptional time. and i'm going to paraphrase ever so slightly, but as jerry eyer would say, don't screw it up. [ laughter ] i fel very fortunate to work in this environment, to work for a great company and most importantly to get to work with all of you everyday. thank you very much. [ applause ] >> thank you, carl. now we're going to move from the talk about the tech explosion to one of our most significant economic generators, which is the hospitality industry and i think we

. >> i will strengthen america. and i will strengthen our values and homes and our economy to make sure this economy can ignite our capacity to put people to work and provide the resources we need to have the strongest military in the world. >> romney criticized obama's economic policies and the  interest payments alone on the national debt are higher than the budgets of several government agencies come pined. >>> at the u.n. general assembly, the president of iran lashed out to the powers. ahmadinejad address add room filled with especially thank you seats. mr. ahmadinejad accused western leaders of intimidation with a pledge not to test nuclear weapons. he criticized what he called a continued threat by the uncivillized zionist to taken action against iran. >> he wanties to make iran a nuclear power. you know what i say to that. no way, no how, never. >> former new york city mayor judy guiliani led a protest against ahmadinejad. protestors carried signs and denounced the iranian leader. >>> neighbors knew there was some sort of mystery. they are surprised to learn about this. this i

what to do, and i will do what it takes to get this economy going. >> ohio voters say the economy matters to them. romney argues his business experience makes him the best choice, but latest polls suggest voters think mr. obama would do a better job. a cnn average of four recent ohio polls found 51% of voters support president obama. 44% favor mitt romney. one of romney's events wednesday was a manufacturing round table with business leaders and tv host micro. he's a man known for taking on tough jobs. in ohio he's overshadowed by the two other men that's even tougher. in washington i'm emily smith. >>> and for some more numbers, campaigned two on university poll says president obama was wide lead over mitt romney in the swing states of ohio, florida, and pennsylvania. in this case the president leads romney in ohio by ten points, leads in florida by nine points and in pennsylvania by 12 points. president before the united niegss today said the u.s./european union have entrusted themselves. the hall was not full as speech. the u.s. made demonstration voiced part of the speech. spo

colleague scott wiener for helping to showcase the importance of the other nine to five economy. the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the

compromise is to repatriate all those overseas profit corporations are not putting back into our or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college. i failed miserably. a professor said everything has been set but not everything has been said superbly. even if it had, everything must be said freshly again and again. you have to see a fresh lead to a certain extent. the real issue with -- in terms of asking the president, what are the things that matter most, a bass part of those profits would be invested in california. colorado would have a significant -- pretty much every state in the country would benefit. you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money wou

, the economy will stop. we did a major outreach. we trained an outreach team, who went to every community meeting, to educate people on how bad the crisis was. not only did i tell people that we'd have to raise rates, i told them we'd have to tear up the city to repair this infrastructure. man: you can't simply say, "i won't use any water, it's too expensive." we have about 25% of our population that's at or below the poverty line, so you have to look at rate structures that are tiered so the people can pay their bills. franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have cle

talks about how we improve the economy and one thing we are trying to change to the gross receipt tax and that is a start but we have to press this and business friendly city and benefit those in business and benefit those in need of job when is we have 8% unemployment here in san francisco. >> thank you sir. ms. gavin. >> i would invest in transportation, in public transportation it would be muni. i think a lot of areas that we need to upgrade muni and put it under ground. i would invest in the ferries. i think being a tourist city and many people commute to the city i think it's one area a lot of jobs would come from is invest in the public transportation. there si pending grant for the train to no where with the project. it's $942 million grant that san francisco may get and it's a lot of money, but that train isn't going to connect to the k, l, or m that see the break downs everyday. i know because i ride it so i would heavily invest in all of the public transportation. dc has a bullet train that goes 100 miles per hour. we can have one too. >> thank you. mr. lasos. >

specific progrowth solutions to get our economy in gear. we can have a dynamic progrowth economy that fosters independence and opportunity verses a stagnant economy that fosters dependency. >> paul ryan is stomping in iowa today before flying to virginia tonight. the wisconsin congressman is set to debate vice president joe biden next thursday in kentucky. >>> president obama has announced plans to visit kern county the monument of cesar chavez will be in keen where he lived. the president says the national monument would preserve chavez's legacy of giving a voice to workers. this trip will include another fund-raiser. >>> a father and son credit a working smoke alarm for helping them escape their burning home. vallejo fire crews say it looks like the fire started in the garage of the large three-story home on el camino real. the first -- it's a story by first brow -- brought you live. it erupted around 3:00 as the father and son were inside sleeping. >> two occupants were inside. the device got their attention and then about able to get -- and they were able to get out unharmed.

time. the point i was making, people were terrified. because it seemed like the economy had no bottom and the banks were going down and there was no federal deposit dollars. so imagine a time when we actually had a president who told us we should be courageous rather than trafficked in fear. to his own advantage. there's been a long war on the new deal. it was when roosevelt got started. almost immediately, the more than great realized the lengths he was willing to go. at the beginning, roosevelt didn't understand how far he was going to go. the dupont family and the ones that set up the american liberty league. that was successful because they have unlimited amounts of money. there were so popular, they were not able to stop it. they began to finance right-wing think tanks. they have been successful to the university of chicago economics department and notable fraud such as milton freed man. the idea of neoliberalism is there should be massive, selective tax cuts. margaret thatcher it is there is no alternative. of course that's absurd. there was an alternative. we have to connect th

to change the mood. business confidence in the world's third biggest economy continues to take a hit. sentiment fell in the july to september quarter. this according to the central bank's survey. falling output and exports have taken a toll along with rising worries over strained relations with china. the one bright spot, the mood in the service sector which remains much higher. japan also has a new finance chief after noda reshuffled his cabinet. largely expected to stick to the reform plan. in all ten new faces were brought into the cabinet including the economics minister and he's been urging the bank of japan to take more action, as well, on the economy. ed rogers is ceo of rogers investment advisers and he joins us now. ed, was that one bright spot in the tank enough? >> good morning, ross. i think actually there were two bright spots. cap ex- is expected to rise at much higher rate than previously expected. those are good things. the fact that in the short term we have a bit of a down tick in enthusiasm and a lot of that could well be placed at the doorstep of the china and jap

finally get a little boost to the economy from the housing sector, which we have obviously been missing throughout the post-recession period or the recovery period, however you want to call it. it's not going to go straight up but we've got 20 cities up month to month. we've got i think 15 cities up year over year. and it looks like we will continue to see some rise in home prices. we are also hearing spot reports of a shortage of inventory. >> david, jim kramer. when i look at your numbers i'm trying to figure out, is month to month the precursor to tell me next year this is where i should be buying if i'm thinking about buying a home? >> well, i think you have to certainly look at the year-over-year numbers. the figures we have are not seasonally adjusted in the headline. and we are moving into a seasonably slow period coming up. so we will probably see home prices, so smaller gains and an occasional decline in one city or another over the next few months. that's purely the seasonal factor, but the trend, i think, that is turned and is shown by the fact that 15 of the 20 are up year o

and the stability of the global economy. >>> a lot of americans including myself are troubled by developments in the middle east. syria has witnessed the killing of tens of thousands of people the president of egypt is a member of the muslim brotherhood. our ambassador to libya was assassinated in a terrorist attack. >>> both candidates are expected to focus on the hot-button issue among voters the state of the economy. >>> running president is said to address the u.n. assembly today. on watt and this have been in the assembly all week long. >>> americans have repeatedly said that a dealer rally in government must change. changes behavior. sure but after all the what does that mean? him one country based on their own solo opinion the side and establish a road on for another country and then threaten attacks. >>> occupancy more of the interview at cbs this morning was charlie rose. shall. >>> is the first general strike in greece since the country's coalition government was formed in june. born this way. the white lady that the strip down on her bedside. >>> up in the anti. lawrence and launch

will boost it's economy and after spain pledged to cut it's benefit z chairs of apple and intel pushing it higher, eric schmidt showing off his lighter side by going showing his dancing style. and and the two also talked about viral videos and how you tube can help music industry. you may recall you tube helped make the song a hilt. official video received nearly $300 million views in just over two months. >> americas aren't too scared to spend money on halloween this year, seven in 10 expected to send big next month and there is a consumers expected to shell out more money this year driving sales to $8 billion. >> and have you guys picked out costumes? >> we're spending big at our house. there are stores still open. >> you're going as? >> not as anything. >> let's find out what larry has. >> i'm going as an nfl replacement ref. >> let's get to weather before getting into trouble here, there is heat headed around the weekend there is a fog layer that is a thousand feet deep this morning. and we're headed towards another night of the fog. let's check out live doppler 7 hd. you'll see whi

, in this bloomberg list san francisco gets high marks for culture, clean air and a good economy. a strong job market makes seattle a deserving number two. the nation's capitol coming in third thanks in part to its culture and its parks. those are your number ones here on "weekends with alex witt." bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> just past the half hour today. republican vice-president nominee paul ryan is on the campaign trail in two swing states. earlier today he held a rally in new hampshire, his third trip to that state. his sister joined him at the event along with 700 supporters. he talked about the economy a

lifestyles and making the planet safer, and in our increasingly accelerated economy where every minute counts, they don't want to be waiting around for someone to pick them up and circling for parking, they want an option that's faster and more affordable and more convenient and graenbacker greener and as we can see, our city's leadership feels the same way. we are today opening the world's first network of shared electric scooters that you can activate with your smart phone and your phone, it's not just a key to the scooters, it's really a key to the city, it brings everything in the city closer to you, it opens up new neighborhoods that you may not have gone to before and it makes the places you get to every day more fun to get to. for those of us who ride, life before scoot is sort of like life before mobile phones, once you have a short-cut to anywhere in the city in your pocket, you don't really want to go back, so we give you scoot, the world's first network of shared electric scooters and the perfect mode of transportation for the city that leads the world in what's coming next. thank

be a lot of talk by president obama about romney's 47% quote and from romney about the stagnant economy and libya. both candidates must address the issues in a concise, personal and friendly way. if you ask comedian darrell hammantd, that's tough when you're scripted. >> i think these guys use coaches which is odd to me. you know, the less coached you are, the more natural you are. the more natural you are, the more personal you are, the more personal you are, the more general you are. >> in other words, zing away. but deliver them like -- i don't know. joe the plumber? the talk back question for you today, will the presidential debate be a game changer? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of

of the executive suite and of course the economy and business in america as well as globally. we're going to talk with him at 4:30 p.m. eastern. before that, we have some heavy hitters coming up, including the former yahoo! ceo and the coca-cola ceo. all of a that coming up in the program. meanwhile, let's get back to the markets. we have a double-digit decline. in fact, it looks like the dow is on track to close lower for the sixth time in eight trading sessions. the dow jones industrial average now at 13,436, a decline of about 0.5%. if we close lower today that, would be the sixth decline in the last eight trading sessions. a bit of worry about earnings on the trading horizon, as we are expected expecting the stream of earnings to take effect. weakness in apple today. it is about 5% of the s&p 500 and 20% of the nasdaq. so as apple goes, so goes the market. that's what we're seeing once again today. s&p 500 down about five points. that's 1/3 of 1%. with markets in the red, let's look at what this says about where we are in business today. joining me in today's "closing bell" exchange, we have

economy, someone with a felony has great difficulty even accessing 5 a job that pays minimum wage. putting these felony convictions to a whole population of young people, we really perpetuate a chronic underclass which benefits none of us. and then of course there's the inequity in the criminal justice system. even though we can show that drug use rates are quite similar in all different ethnic communities and african-americans are 13 times greater likelihood of being convicted of a felony of simple possession. then of course there's also the savings that we could experience, nonpartisan, independent legislative analyst office has determined that there would be $159 million annually of savings at the county level, plus another $65 million annually in savings at the state level. and our bill would direct a portion of that savings to drug treatment programs so that we can, like these 13 other states, have better outcomes, safer communities. i of course have to thank the sponsors of our bill, and we have a number of them, the h.l.u. which has been a champion and the drug policy alliance as we

its earnings forecasts for 2015 citing weakness in the world economy sending shares lower in trade. europe's biggest economy is still struggling dampened the investment mood. it fell for a fifth straight month in september. >>> a critical barons article coupled with unconfirmed reports of a privacy breach dragged facebook down 9%. >>> apple dipped despite selling 5 million iphone 5s last weekend which was more than the iphone 4s but apparently not as many as some expected. >>> on the up side, google notched a new high on an analyst upgrade. ahead of fresh housing data this week home builder lenar posted surprisingly high earnings. >>> discover is refunding $2.5 million to 3.5 million customers after a federal investigation showed it tricked people to sign up for services like payment protection plans. >>> toys"r"us is hiring 45,000 seasonal people this year. that's up from the 40,000 people it hired. >>> a recall of valencia peanut butter has spread to more than a dozen brand of nut butters at sunland's new mexico factory. so far only trader joe's peanut butter has been linked to s

projects and in fact they were never studied and the nearest size project was 100 units. the economy of scale and between that are incomparable and supervisors just to hold up the two pieces of paper. this is five to nine and this is 100 project. and the housing and yet we don't study the five to nine. we study a 100 unit project. the scale is not close. we should have studied the five to nine units. we didn't. we studied the 100 units, the smallest project and to continue my speech supervisors. with this flawed analysis and lead to one success in the city since the policy's conception in 2006 and i repeat this failed policy has one successful project. thank you supervisors. >> supervisors, mayor lee and the members of the supervisor recognized to replace lost gqnresources for this and continuous and reliable revenue stream and stimulus for depressed local housing industry. the mayor had a big working group of the stakeholders. the group of industry specialists were called upon based on experience and industry sector expertise and builders represented by members of the cou

countries have for their economy. last night there were about $300,000 on the line, the referee called made all that money change hands and that is just legal money in las vegas. imagine all of the people in office pools betting on the packers like most of them did because they were favorites. it is a debacle and it is not even an opinion anymore. >> footlocker called and what their sales guys back. >> let's go live to mobile 5 where we're getting a sneak peek at the progress of the 49ers new stadium. some of the steel framework has already been put into place. a few hours ago a team executives gave a tour of the difference sidelines. right now construction equipment are cluttering the future spot of the 50 yd line. the team officially broke down on the project back in april. is it is expected to be done in time for the 2014 season >> you do not need to pay a fortune for your smart phone. the overlooked option that could save you $1,000 per year. >> staying,, vo: for years, sacramento politicians have chopped away funds for our schools. today, we're forty-seventh out of fifty in per-pupil f

are feeling optimistic about the economy. there are positive side on several fronts consumer confidence has a seven month high stocks are also on the uptake the s&p index has surged 15% this year. that is about to change with the times. >>> the best gift this holiday season may be more jobs. torres said today it will take on 45,000 seasonal workers this year 5000 more than last year. coles said a department store chain is adding more than 52,000 holliday workers about 10% more than last year. the seasonal work force will be 80 to 90,000 down slightly from a year ago and wal-mart is adding 50,000 jobs up slightly. i came stopple add 7000. >>> is about the same last year our fall season really expected a nice surge in business mike was the the senior vice president for higher says the world's largest video game retailer is bullish and holliday. >>> i think if you have a significant offering consumers are ready to spend money at the gatt on five release is a classic example apple has already sold more than 5 million iphone 5. >>> a dozen sound like an economy in recession. across the count

to see a path, a strategic path to victory. >> most voters identify the economy and jobs as the number- one issue. in this poll, all three swing states pennsylvania ohio and florida have a majority of voters choosing the president as their man to lead the charge, something we have not seen before >> notice that he has managed to weather the concern about the economy largely because romney has not convinced people that he will be a preferable alternative. >> presidential campaigns are character tests >> he is a campaign strategist and has worked with both bill and hillary clinton and al gore and he says it is not over yet >> particularly in the age of replacement referee is that we see in the nfl, the obama campaign should not be celebrating in the end zone too early. >> after republican nominee mitt romney was seen talking about the 47 percent who do not pay income taxes in a secret recording >> last week for romney will arguably go down as one of the worst week's presidential candidate has had in history, just objectively speaking. when you begin the week and you know it is a difficul

the economy and jobs as the number-one issue this election year. in this poll all three swing states choosing the president as their man to lead the charge something we haven't really seen before. what it to a concern about the economy largely because ronnie has not convince people of he will be a preferable alternative. this is a presidential campaign strategist he has worked with both bill and hillary clinton as well as al gore antisense ice it is not over yet. >>> in aids of the replacement referees the obama's campaign should not be celebrating in the hands down to early. in will be tough to recover after the army was seen talking about a 47%. will largely go down for a presidential candidate has had in modern-day history objectively speaking and it began with a 47% keynote difficult week when you try to trump that by printing your tax return rate on the pate 15%. next week's debate could be run his last chance in this election. >>> thats to strike down for romney has his third swing at this first debate but given what everybody says he really has to do something pretty significance to

to romney campaign spoke directly to women pointing to the economy as the key concern she agrees growing debt our greatest worry. >>> the market crashed we end up in home too small for us >>> a stay at home mom with three kids she plans to vote for mitt romney to when virginia he needs more women like her a recent poll shows the gender gap is widening while romney holds a six point lead among men president obama as a 12 point advantage with women. polls show women are interested in men in issues that affect the pocketbook. she says this election will come down to one demographic >>> it will come down to single women voters it will be the pivot point >>> and single women like this woman who supports president obama >>> i want to vote for the person fighting for me >>> after losing her job barnes is still looking for work and does not think run the understands people like her. >>> he cannot relate to me as single-parent or person that does not know where the next dollar comes from to pay bills >>> she has not heard enough how romney will fix the economy >>> that is one reason why a look fo

especially in the economy how were you going to get ahead? there is one organization has been working hard to launch, nurture and keep small businesses thriving is there renaissance on to north center here in the bay area. we have their monotone kathy adams. whitley how you can beat a great entrepreneur. it is always great to have you back. you're the woman who does everything. i'm so proud of you. toss about the entrepreneur center. what is the mission? >>> we started 20 years ago. and for organization and we get started to help people to grow their own business. they're selling people who wanted to do it for themselves but they really needed the access and the training and the resources >>> when you save resources and training how you do that? >>> we have a comprehensive training program. the start of the basics and see if your idea is feasible. and then we work with you to help you create a business plan. there's a road map for which you want to do. that we were really prepared. >>> to get to any place we have to have a plan. >>> we want to make sure you have a plan any and the plan b p

issues including the economy. romney is focused on foreign policy and slamming the president over his handling of the events in the middle east. romney said the president has shown weakness in the middle east. heightened the prospect of conflict and instability. can provoke aggression and encourage disorder. the president is looking forward to debating foreign policy with mitt romney. >> this president promised a few things. he'd end the iraq war. he did. >> said to be planning a major foreign policy speech to deliver in the next few weeks. cbs news washington. >> foreign policy will be the focus of the third and final presidential debate scheduled for october 22nd in florida. >> the supreme court starts a new session today. there are a number of big cases the court is considering hearing this year including issues related to same sex marriage. 6 of the 9 justices attended red mass in washington d.c. yesterday. it is the traditional mass held the day before the start of a new session. >>> major recall by gm. the potential problem with more than 40,000 cars. >> is yours on the list? pl

parts of the economy, the consumer, the investment and the government. the only reason thing that has grown on a rapid rate is the government. the government gets their revenues through taxation or borrowing money. the problem is the regulations are hurting small businesses. 2/3 of all jobs are created by small business which are considered -- chapter s corporations and less than $250,000 killing all of the regulations and kill the incentive. the government doesn't produce anything. it's the private sector that produces the wealth and the opportunity. get the government off the back through regulations and taxation and you will see the city once again be vibrant. i'm telling you it's taxation and regulations. i have two successful businesses. i would not open another one in san francisco. i would not. >> thank you. mr. yee. >> here's the four things i would do to create jobs. number one, help the small businesses with a one stot shop approach. ocean avenue had a fire. nine businesses had a fire and the mayor came and if he could do that one time we could do that all the tim

the economy tanked right after taking out a loan to fix the leaky roof. but then the killing of four oakland police officers, two right outside his door. >> -- now since the police killing right in front of our school, it just went straight down and it was hard to hold on to students. >> reporter: this summer, the couple squared up with reality. >> and we realized we couldn't hang on anymore. have to -- so we announced august 26th to the students we were going to have to let the business go. three. >> reporter: but long-time students are now rallying to help the owens keep the building, recalling the times when they refused to turn her away even when she couldn't pay for classes. >> so all that training that i got, i gave that to my children and my nieces and my sisters and my nephews, and it just spiralled. >> go. >> reporter: the bank gave owens until october 11th to come up with a financial plan. he figures he can survive if he can sign up 60 new students by then. >> years ago, me and my wife offered him to move into a more plush area over on grand avenue. but his heart is here. >> one, t

that is the way you've got economic growth. i have a different vision about how to grow an economy its the first time the president and first lady appeared together on the view. >> there is a major riot broke out in an electronics plant in china resulting in a shut down prof dux. it's about 300 miles from bejing, one of many owned by the electronics manufacturer fox con. apple one of the key customers. ba. c 7 news joins us live. >> it's an important contractor here and makes circuit boards but is big in china there are parts assembled into products forth companies. but when there is a break in the supply chain kit trigger a domino affect. it's not clear what triggered this riot. it may have accelerated after reports today. and the rioters were turned in. this goes against a social order china likes to maintain. and this is akeerding to an exnert doing business in china. >> there is a strong incentive to see full employment or as close to it as possible. for workers many know their work conditions aren't legal or are poor but don't protest because they want the job. >> however, the china plants

agree with him and the issue that is largest faces us in san francisco are the economy and there are two parts to that and creating jobs and trying to get an economy going that is sustainable and can take care of the unfunded liabilities that we have that are so large. we have $323 million in unfunded liabilities for our health care, and i agree with him again on the pension issue. we absolutely have to do something about it. what i would imagine what we have to do is examine whether or not we need to find benefits or contributions, maybe we need people to retire at a later age, whether people continue to retire and have the pay at $300,000 rather than 150. >> thank you sir. ms. gavin. >> for me the issue in regards to policy that i think many of us know is malfeasance and corruption at city hall. i think that the back room deals that city hall is doing adversely impacts every person in this room. i don't know if you are aware we have not had a sunshine committee in the past four months, and sunshine gives all the right to redress government and it's our open government that you the

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